Business

View this image › Steve Marcus / Reuters Billionaire Phil Falcone, whose hedge fund was one of the biggest winners from the financial crisis, has once again been banned from an industry by one of his regulators. Following an SEC settlement in August in which Falcone and his fund Harbinger Capital Partners were fined for […]

View this image › Robert Galbraith / Reuters After running Microsoft for more than a decade, CEO Steve Ballmer said Friday he would retire in the next 12 months once his successor is found. The announcement essentially brings to an end an extended period of investor frustration with Microsoft. While Ballmer methodically and slowly grew […]

For even the gay-friendliest companies, including health care benefits for employees with same-sex spouses meant a tough choice: effectively pay those employees less for taking the benefits or pay out more to make up for their higher taxes. Thanks to today’s Supreme Court decision striking down Section 3 of the Defense of Marriage Act, which […]